Mixed-Use Commercial Space in Historic Downtown Core Attention Investors! Don't miss this incredible opportunity to own a mixed-use commercial space in the heart of the historic downtown core. This property offers a lucrative investment with multiple income streams. Main Floor: Takeout Restaurant with Lease in Place The main floor features a thriving takeout restaurant with a lease still in place for the next 3 years. This provides a stable and consistent rental income for the new owner. Take advantage of an established business and start generating revenue from day one. Upstairs: Two 2-Bedroom Apartments with Month-to-Month Tenancy Upstairs, you'll find two spacious 2-bedroom apartments, each with its own separate hydro and heating. Currently on a month-to-month tenancy, these units offer flexibility for the new owner. Whether you choose to continue with the existing tenancy or explore other rental options, the choice is yours. Additional Income: Coin-Operated Laundry Boost your cash flow with the coin-operated laundry facilities available for the residential units. This additional income stream adds even more value to this already lucrative investment opportunity. Prime Location Situated in the historic downtown core, this property is surrounded by a vibrant community and offers excellent exposure for the takeout restaurant. Take advantage of the foot traffic and capitalize on the bustling atmosphere of this sought-after location. Key Highlights - Mixed-use commercial space - Stable rental income from the takeout restaurant lease (3 years remaining) - Two spacious 2-bedroom apartments with separate hydro and heating - Month-to-month tenancy for the residential units, providing flexibility - Coin-operated laundry for additional income - Prime location in the historic downtown core Don't miss out on this fantastic investment opportunity. Call today to schedule a viewing and secure your future in the thriving downtown core. (id:47423)
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Detailed Information
Lot
21 x 150 ft
Communication Type
Fiber
Community Features
High Traffic Area
Features
Crushed stone driveway
Listing Contract Date
2024-02-29
Location Description
Google from your location for best directions
Ownership Type
Freehold
# of Parking Spaces
5
Property Type
Office
Signage
Unknown
Transaction Type
For sale
Zoning Description
C1
Building
Basement Type
Crawl space
Exterior Finish
Stone, Steel
Foundation Type
Stone
Stories Total
3
Size (Exterior)
2880
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
0.073 acres
Sewer
Municipal sewage system
Size of Irregular Land
0.073
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